Grand Hotel Saltsjöbaden

The Grand Hotel Saltsjöbaden is a hotel in Saltsjöbaden, Sweden. Built on the initiative of Knut Agathon Wallenberg, it was opened in 1893 by King Oscar II of Sweden. The hotel was owned by the Wallenberg family until 1999, when it was purchased by Nordisk Renting who sold it in 2002 to Danish-Egyptian hotel owner Enan Galaly's chain Helnan Hotels. On 20 December 1938, the Saltsjöbaden Agreement was signed at the hotel. It hosted three Bilderberg meetings, in the 1970s and 1980s, where supposedly the oil crisis was planned.